Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$422M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$411M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$351M |
| 4 |
Pfizer
PFE
|
+$331M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.28B |
| 2 |
Meta Platforms (Facebook)
META
|
+$989M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$953M |
| 4 |
Amazon
AMZN
|
+$816M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$782M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.41% |
| 3 | Healthcare | 0.83% |
| 4 | Financials | 0.79% |
| 5 | Industrials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $208M | 0.04% |
878,700
+41,800
| +5% | +$9.24M |
|
377
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $208M | 0.04% |
671,500
+93,800
| +16% | +$30.1M |
|
378
PUT
RTX Corp
RTX
$283B
| $208M | 0.04% |
2,470,200
+813,100
| +49% | +$64.3M |
|
379
FedEx
FDX
$76.9B
| $207M | 0.04% |
820,063
+611,969
| +294% | +$155M |
|
|
B
380
CALL
Barrick Mining
B
$78.3B
| $207M | 0.04% |
11,466,100
+2,212,500
| +24% | +$36.3M |
|
381
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $206M | 0.04% |
470,600
-184,200
| -28% | -$75.4M |
|
382
CALL
Ford
F
$57.5B
| $205M | 0.04% |
16,804,500
+769,400
| +5% | +$8.56M |
|
383
CALL
Roku
ROKU
$23.4B
| $205M | 0.04% |
2,233,500
-476,100
| -18% | -$39.8M |
|
|
X
384
PUT
DELISTED
US Steel
X
| $205M | 0.04% |
4,206,700
+1,180,400
| +39% | +$42.9M |
|
385
ARK Innovation ETF
ARKK
$6.72B
| $204M | 0.04% |
3,901,579
+2,129,854
| +120% | +$92.2M |
|
|
PXD
386
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $204M | 0.04% |
907,400
+42,300
| +5% | +$9.91M |
|
387
PUT
DoorDash
DASH
$96.8B
| $202M | 0.04% |
2,047,200
-216,900
| -10% | -$19.2M |
|
388
CALL
Arista Networks
ANET
$238B
| $202M | 0.04% |
3,435,200
-176,800
| -5% | -$9.29M |
|
389
CALL
Apollo Global Management
APO
$78.4B
| $202M | 0.04% |
2,169,700
+320,500
| +17% | +$28.3M |
|
390
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $202M | 0.04% |
1,768,100
-429,700
| -20% | -$45.1M |
|
391
CALL
NextEra Energy
NEE
$174B
| $201M | 0.04% |
3,315,300
-3,413,400
| -51% | -$195M |
|
392
CALL
TJX Companies
TJX
$155B
| $200M | 0.04% |
2,132,900
+115,100
| +6% | +$10.3M |
|
393
CALL
Marvell Technology
MRVL
$213B
| $200M | 0.04% |
3,312,400
-2,070,000
| -38% | -$112M |
|
394
Chevron
CVX
$403B
| $200M | 0.04% |
1,339,288
+88,604
| +7% | +$13.4M |
|
395
Las Vegas Sands
LVS
$30.5B
| $199M | 0.04% |
4,036,991
+1,855,963
| +85% | +$87.7M |
|
396
CALL
Colgate-Palmolive
CL
$72.6B
| $199M | 0.04% |
2,491,200
+1,681,400
| +208% | +$126M |
|
397
CALL
Marathon Digital Holdings
MARA
$4.35B
| $198M | 0.04% |
8,429,200
+5,873,700
| +230% | +$74.1M |
|
398
Marriott International
MAR
$92.9B
| $197M | 0.04% |
873,621
-600,771
| -41% | -$122M |
|
399
PUT
Valero Energy
VLO
$100B
| $197M | 0.04% |
1,511,900
-120,400
| -7% | -$15.3M |
|
400
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$20.6B
| $196M | 0.04% |
6,235,000
-3,490,700
| -36% | -$76.9M |
|
Similar funds
Jeff Yass's Q4 2023 Portfolio in Review
As of Q4 2023, Jeff Yass held 13,823 positions worth $525B, up 9.3% from $481B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q4 2023 filing shows 1,903 new, 5,066 increased, 5,122 reduced and 1,577 closed positions. Its largest new stake was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $4.28B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jeff Yass's largest Q4 2023 buy was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M.
- Jeff Yass added most to Alibaba in Q4 2023, an estimated $422M increase.
- Jeff Yass's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $4.28B.
- Jeff Yass fully exited VMware, Inc in Q4 2023, selling an estimated $313M.
- Jeff Yass's ten largest holdings make up 24% of its $525B portfolio in Q4 2023.
- Jeff Yass opened 1,903 new positions and closed 1,577 in Q4 2023.
- Jeff Yass's portfolio value rose 9.3% quarter-over-quarter to $525B.
Based on Susquehanna International Group's 13F filing for Q4 2023, filed 14 Feb 2024.